Melrose Industries PLC (MRO)

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Company Description

Melrose Industries PLC is incorporated on 10 August 2012 in United Kingdom under the Companies Act 2006. The Company acquires manufacturing businesses and improves them. It improves the business of manufacturing companies by a mixture of investment and focused management that realizes the value crated and returns it to the shareholders.Its five reportable segments are Elster Gas, Elster Electricity, Elster Water, Energy and Lifting. The Elster Gas designs and manufactures gas measurement, processes heat control and gas safety control equipment, supply a customer base in more than 110 countries. The Elster Electricity segment provides smart metering solutions providers for residential, commercial, industrial, transmission and distribution markets. The Elster Water segment supplies water meters recognised with sales revenue derived from more than 90 countries. The Energy segment incorporates the Brush and Marelli business units, specialist suppliers of energy industrial products to the global market. The Lifting segment consists of the businesses of Bridon, Crosby and Acco, serving oil & gas production, mining, petrochemical, alternative energy and general construction markets...

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